What is the increase of a good/service by a business?
Markup!
Rise over run --- or --- run over rise?
Rise over run!
What do we 99.9% of the time do with a percent! (first step)
turn it into a decimal!
This relationship goes up or down at a constant rate.
Proportional relationship!
When we have dots on a graph, how do you find slope?
Count up/down then right.
What is 9% as a decimal?
.09
What do we call the point where the linear function crosses the Y axis?
Y intercept!
NO CALCULATOR!
What would a 50% markup on a $100 TV be?
50% of 100 is $50. The markup would be $50.
fee for borrowing money
Find the slope *Reduce if able!*
3/3 which becomes 1/1 or just 1
NO CALCULATOR!
I bought a hat for $20 with a 25% discount. What was the final cost of my hat? (no tax)
25% (or a fourth) of $20 is 5. 20 minus 5 is 15.
List as many UNIT 2 vocab words as you can! There are 10!
Markup, interest, tax, gratuity, proportional, non-proportional, x coordinate, y coordinate, slope, linear function.
Find the slope:
(4 , 8) and (6, 11)
3/2
CALCULATOR ALLOWED
Find the total amount of a 35,000 car with a 4% interest rate for 2 years.
35,000 x .04 x 2 = 2800
2800 + 35000 = $37800